Teaching Responsibility

LJMU Schools involved in Delivery:

Civil Engineering and Built Environment

Learning Methods

Lecture
Seminar
Workshop

Module Offerings

5306BEUG-JAN-CTY

Aims

The module aims to consolidate and enhance students' knowledge and understanding of principal valuation methodologies and develop competence in the application of valuation concepts and theories to practical real estate scenarios.

Learning Outcomes

1.
Evaluate and apply valuation concepts and methodologies to a range of property types and interests.
2.
Analyse market data, evaluate the impact of lease terms on value and effectively integrate the outcomes within reasoned valuations.
3.
Recognise the interrelationship between valuation and statute and demonstrate the impact of legal constraints on the valuation of property interests.
4.
Evaluate the application of financial appraisal techniques to property investment scenarios.

Module Content

Outline Syllabus:Impact of modern lease terms and incentives on the valuation process, including inter alia: lease length, rent review cycles, break clauses, green leases. Alternative valuation approaches e.g. hardcore methodology Impact of statute on valuation of freehold and leasehold interests. Introduction to discounted cash flow appraisal.
Additional Information:The module is designed to consolidate and build on Level 4 valuation knowledge, incorporating more complex and analytical theory. Established principles will be explored and tested through an applied approach to the valuation of land and property. The student will gain a deeper understanding of valuation principles and methodologies and appreciate the impact of real estate market constraints and parameters.

Assessments

Report
Centralised Exam